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Alex E
Alex E
Despite completing a small local wave, SOL is now showing textbook Fibonacci retracement behavior. However, the daily structure remains rock solid. πŸ—οΈ Only the 8-hour timeframe shows mild divergence with weak bearish momentum. πŸ“‰ For those who have already fully exited, shorting here carries limited upside. The 93.5 - 92.25 zone provides strong support. πŸ›‘οΈ Entry costs are currently elevated. If price corrects into the 94.25 - 93.65 range, consider only small positions. 🐾 Once SOL retests and breaks above 96.66 for the second time, prepare for a decisive assault on the 100 mark. πŸš€ At that point, a market buy to add positions is viable, with a defense line set at 92. 🎯 The next short-term bottom sits in the 87 - 85 region. Unless a major negative catalyst emerges, a drop below this zone is highly unlikely. β›” Therefore, positions with an average cost below 89 can be held confidently. πŸ’Ό I have emphasized this for two months: as long as SOL holds above 87 in the short term, a massive pump is inevitable above. ⏳ It's simply progressing slower than expected. For context, I have held my SOL long position for over two months, surviving a brutal liquidation wave at 46. πŸ’ͺ My conviction is absolute: hold 100% from the bottom, continuously scale in, and never exit the market. πŸ”₯

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